PHILADELPHIA--(BUSINESS WIRE)--Radian Group Inc. announced today that the company’s Board of Directors
approved a regular quarterly dividend on its common stock in the amount
of $0.0025 per share, payable on September 1, 2017, to stockholders of
record as of August 21, 2017.

In addition, the Board of Directors has renewed its share repurchase
program that enables the company to repurchase its common stock. The
shares may be purchased in the open market or in privately negotiated
transactions. The company’s previous share repurchase program expired on
June 30, 2017.

The authorization provides Radian the flexibility to repurchase shares
opportunistically from time to time and spend up to $50 million, based
on market and business conditions, stock price and other factors. The
authorization is effective immediately and expires on July 31, 2018.
Radian plans to utilize a Rule 10b5-1 plan, which would permit the
company to purchase shares, at pre-determined price targets, when it may
otherwise be precluded from doing so.

Mortgage Insurance, through its principal mortgage insurance
subsidiary Radian Guaranty Inc. This private mortgage insurance
protects lenders from default-related losses, facilitates the sale of
low-downpayment mortgages in the secondary market and enables
homebuyers to purchase homes more quickly with downpayments less than
20%.

Mortgage and Real Estate Services, through its principal services
subsidiary Clayton, as well as Green River Capital, Red Bell Real
Estate and ValuAmerica. These solutions include information and
services that financial institutions, investors and government
entities use to evaluate, acquire, securitize, service and monitor
loans and asset-backed securities.

All statements in this press release that address events, developments
or results that we expect or anticipate may occur in the future are
“forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Exchange Act and the U.S.
Private Securities Litigation Reform Act of 1995. In most cases,
forward-looking statements may be identified by words such as
“anticipate,” “may,” “will,” “could,” “should,” “would,” “expect,”
“intend,” “plan,” “goal,” “contemplate,” “believe,” “estimate,”
“predict,” “project,” “potential,” “continue,” “seek,” “strategy,”
“future,” “likely” or the negative or other variations on these words
and other similar expressions. These statements, which may include,
without limitation, projections regarding our future performance and
financial condition, are made on the basis of management’s current views
and assumptions with respect to future events. Any forward-looking
statement is not a guarantee of future performance and actual results
could differ materially from those contained in the forward-looking
statement. These statements speak only as of the date they were made,
and we undertake no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. We operate in a changing environment where new risks emerge
from time to time and it is not possible for us to predict all risks
that may affect us. The forward-looking statements, as well as our
prospects as a whole, are subject to risks and uncertainties that could
cause actual results to differ materially from those set forth in the
forward-looking statements. These risks and uncertainties include,
without limitation, changes in general economic and market conditions
and factors that may affect the Company’s ability and willingness to
repurchase shares under the proposed repurchase program and the
possibility that the program may be suspended or terminated.

For more information regarding these risks and uncertainties as well as
certain additional risks that we face, you should refer to the Risk
Factors detailed in Item 1A of our Annual Report on Form 10-K for the
year ended December 31, 2016, and subsequent reports filed from time to
time with the U.S. Securities and Exchange Commission. We caution you
not to place undue reliance on these forward-looking statements, which
are current only as of the date on which we issued this press release.
We do not intend to, and we disclaim any duty or obligation to, update
or revise any forward-looking statements to reflect new information or
future events or for any other reason.